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Cabinet approves Upward revision of MSME definition and modalities/ road map for implementing remaining two Packages for MSMEs (a)Rs 20000 crore package for Distressed MSMEs and (b) Rs 50,000 crore equity infusion through Fund of Funds

In line with Government of India’s top focus on energising MSMEs in the country, a special meeting of Cabinet Committee on Economic Affairs (CCEA) was convened under the Chairmanship of Prime Minister Shri Narendra Modi, here today, which approved the upward revision of MSME definition and modalities/ road map for laying down effective implementation mechanism for the remaining two announcements ...

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Government is exploring new financial lending institutions to support small-scale units – Shri Nitin Gadkari

Union Minister for MSME and Road Transport and Highways, Shri Nitin Gadkari today said that the government is exploring new financial lending institutions to support small-scale units in terms of financial support. Shri Gadkari said that government is working towards strengthening the NBFCs which will help small businesses to avail easy credit in the coming time. He was speaking at ...

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Borrowing limit of states increased from 3% to 5%; Public sector to be open for private players: FM

Presentation of details of 5th Tranche announced by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19 Please click here for PPT

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Finance Minister announces Government Reforms and Enablers across Seven Sectors under Aatma Nirbhar Bharat Abhiyaan

In her opening remarks during the 5th Press Conference here today on stimulus package to fight COVID-19 under Aatma Nirbhar Bharat Abhiyaan, the Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman referred to the vision laid out by Prime Minister Shri Narendra Modi in his address to the Nation on 12th May 2020. Quoting the Prime Minister, Smt. Sitharaman said that ...

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ARCI scientists develop next-generation biodegradable metal implants

The team is certain that the newly developed alloys are suitable for biodegradable stent and orthopedic implant applications Scientists at the International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI) and Sree Chitra Tirunal Institute of Medical Sciences, Thiruvananthapuram both autonomous institutes under the Department of Science & Technology (DST) have jointly developed new generation Iron-Manganese based alloys ...

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Government to bring out new Industrial Policy-Capt. D. S. Mishra

“The covid – 19 Outbreak has taught us a lot of things but still it is a pandemic. No. of people getting affected by it is increasing day by day but Odisha Government is taking all necessary actions to contain this pandemic & for safety of our people also towards the stability of our economy” assured here by Shri Dibya ...

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PM Modi announces special economic package worth Rs 20 lakh crore to kick-start economy

Prime Minister Shri Narendra Modi addressed the nation today. Recalling those who have died battling the pandemic, Prime Minister said that the crisis that has emerged due to COVID-19 is unprecedented, but in this battle, we not only need to protect ourselves but also have to keep moving forward. Talking about the pre and post COVID worlds, Prime Minister observed ...

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Amid lockdown HIL (India ) limited eying big orders from African countries

Despite enormous logistic and other challenges posed by COVID-19 lockdown, HIL (India) limited, a PSU under Department of Chemicals & Petrochemicals, Ministry of Chemicals and Fertilizers, is making all efforts to ensure adequate supply of insecticides to   farmer community in the country and at the same time eying big export orders of DDT from African countries. HIL  has written letter ...

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DRDO develops UV Disinfection Tower

Defence Research and Development Organisation (DRDO) has developed an Ultra Violet (UV) Disinfection Tower for rapid and chemical free disinfection of high infection prone areas. The equipment named UV blaster is a UV based area sanitiser designed and developed by Laser Science & Technology Centre (LASTEC), the Delhi based premier laboratory of DRDO with the help of M/s New Age ...

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Mineral Production during February 2020 (Provisional)

The index of mineral production of mining and quarrying sector for the month of February, 2020 (Base: 2011-12=100) at 123.7, was 10.0% higher as compared to the level in the month of February, 2019. The cumulative growth for the period April- February, 2019-20 over the corresponding period of previous year has been (+) 1.9 percent. Mining & Mineral Statistics Division of Indian Bureau of Mines functions as ...

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